Credit Union Times | Accurate and Timely CU News

Simmons Is Re-Elected

By Lindsey Siegriest

PORTSMOUTH, N.H. -- Service Credit Union President/CEO Gordon A. Simmons was re-elected as chairman of the Defense Credit Union Council for the 2008-2009 term.

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NCUA Board Members and Key Lawmakers to Appear at NAFCU Caucus

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Pa. CUs May Be Able to Keep New Members

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September 16, 2008

History Portrays Pros and Cons of CU Model Metamorphosis

OVERLAND PARK, Kan. -- As credit unions continue to navigate the murky waters of industry consolidation, an increase in regulatory compliance mandates and an aging membership, some may wonder if the traditional credit union business model is still working.

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September 16, 2008

FIS Picks Up Open Technology Solutions Card Business

JACKSONVILLE, Fla. -- A technology CUSO consisting of four large credit unions has signed a deal with Fidelity National Information Services, the card processor for the majority of credit unions

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September 16, 2008

Chetco FCU Putts For Food Charity

HARBOR, Ore. -- Chetco Federal Credit Union's Benefit Golf Tournament has helped raise $25,000 for the Brookings-Harbor Community Helpers Food Share.

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September 16, 2008

Illinois CUs Band Together to Offer $100M in Student Loans

NAPERVILLE, Ill. -- Eight credit unions have made a financial commitment to bring more than $100 million in student loans to college students for the upcoming school year.

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September 16, 2008

Housing Bill Requires CU FHA Approval for Third-Party Reverse Mortgages

NAALEHU, Hawaii -- Conclusions that the new housing bill won't affect credit union reverse mortgage lending are incorrect, said Bernard Balsis Jr., president/CEO of the $13 million Ka'u Federal Credit Union.

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September 16, 2008

Fannie-Freddie Bailout Could Help Corporates on MBS Values

WASHINGTON -- Corporate credit union officials are reporting that the Treasury's bailout of Fannie Mae and Freddie Mac could rebound the value of mortgage-backed securities owned by the corporates.

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September 16, 2008

CUNA Settles Lawsuit With Mike Miller, Fired Former Senior Vice President

MADISON, Wis. -- CUNA and a former senior executive have reached a settlement in the lengthy dispute stemming from allegations by a former executive that he was wrongfully terminated.

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Top News Stories

Simmons Is Re-Elected

NCUA Board Members and Key Lawmakers to Appear at NAFCU Caucus

Pa. CUs May Be Able to Keep New Members

Recommended Just For You

News Stories

History Portrays Pros and Cons of CU Model Metamorphosis

FIS Picks Up Open Technology Solutions Card Business

Chetco FCU Putts For Food Charity

Illinois CUs Band Together to Offer $100M in Student Loans

Housing Bill Requires CU FHA Approval for Third-Party Reverse Mortgages

Fannie-Freddie Bailout Could Help Corporates on MBS Values

CUNA Settles Lawsuit With Mike Miller, Fired Former Senior Vice President